Cameco trims its 2025 uranium outlook as McArthur River delays weigh on output, with Cigar Lake's strength helping ease the shortfall.
CCJ's mixed Q3 results, premium valuation and updated 2025 uranium delivery targets keep investor attention on its production outlook.
Cameco Corporation's position in the nuclear ecosystem is strengthening, as recent policy moves and strategic agreements increase visibility for long-duration reactor projects. CCJ now benefits from multiple revenue engines, combining uranium supply, value-added services and Westinghouse exposure, which improve earnings stability. Structural demand drivers are gaining momentum, with utilities seeking secure fuel sources and new nuclear builds becoming central to long-term energy planning.
| Metals & Mining Industry | Materials Sector | Timothy S. Gitzel CEO | XSTU Exchange | CA13321L1085 ISIN |
| CA Country | 730 Employees | 1 Dec 2025 Last Dividend | 23 Feb 2006 Last Split | - IPO Date |
Cameco Corporation, established in 1987 and headquartered in Saskatoon, Canada, is a premier provider in the nuclear energy industry, focusing on uranium production essential for electricity generation. It delineates its operations into three main segments: Uranium, Fuel Services, and Westinghouse, encompassing a range of activities from uranium exploration, mining, and milling to the production and sale of uranium concentrate. Further extending its services to refining, conversion, and fabrication of uranium concentrate alongside reactor technology manufacturing. Cameco caters to nuclear utilities across the Americas, Europe, and Asia, underscoring its global footprint in the nuclear energy sector.
Uranium Production - Cameco's Uranium segment is pivotal in the exploration for, mining, and milling of uranium, along with the purchase and sale of uranium concentrate. This fundamental activity supports the global nuclear energy supply chain, ensuring a steady supply of fuel for electricity generation.
Fuel Services - Under the Fuel Services segment, Cameco engages in refining, converting, and fabricating uranium concentrate to meet varied nuclear fuel requirements. This includes:
Westinghouse Segment - This segment represents Cameco's ventures into manufacturing original equipment for nuclear reactor technology. Its offerings include:
Through these comprehensive areas of operation, Cameco Corporation stands as a critical supplier and service provider to the nuclear energy sector, contributing to the generation of clean, reliable electricity worldwide.